We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.

You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.

Never ask a barber if you need a haircut.

I mean, Hank Paulson is in there [ Treasury] at the wrong time, probably shouldn't have taken the job. He's a friend of mine. But he knows markets, he knows corporations' work, he knows money, and he's got the interests of the country at heart.

I am a better investor because I am a businessman, and a better businessman because I am no investor.